Bank of India Home Loan in Chennai

Last Updated : May 5, 2018, 11:27 a.m.

About Bank of India Home Loan Chennai

The city of Chennai is full of temple bells to reach to your ear the moment you go there. Coupled with the sea water, Chennai is a heaven for the incumbents as well as those who are staying here for years. Having a home in the city of Chennai remains one of the most common wishes of the people down here. Thankfully with the attractive home loan of Bank of India (BOI), it can be achieved without getting your wallet hurt. Explore BOI Home Loan for a long stay in Chennai.

Bank of India Home Loan Chennai at a Glance

Eligibility Criteria

Want to know who are the ones eligible for a home loan at BOI? Salaried employed, self-employed businessmen, professionals, HUF, NRIs, PIOs, corporate and partnership firms are eligible for a home loan at the bank. However, the actual loan disbursal depends on the income and the ability of the borrower to repay the EMI.

Documentation

Do arrange the below list of documents that are asked by Bank of India to approve your home loan application. The documents are as follows-

• Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card
• Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card
• Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement (For Salaried), ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years (For Self-employed)
• Property Documents Like Cost Estimation, Property Map, Property Allotment Copy, Complete Property Chain, etc
• Signature Verification Proof-PAN Card/Passport/Driving License
• Business Establishment Proof-Utility Bills of Shops & Establishments
• Processing Fee Cheque
• A Duly Signed and Filled Application Form

Seeking additional information? Visit Home Loan Chennai

Bank of India Home Loan Chennai Branches

Look at the table below to know the branches of BOI in Chennai